JMP Securities analyst Constantine Davides maintained a Hold rating on HealthStream (HSTM – Research Report) today. The company’s shares opened today at $24.60.
Davides covers the Healthcare sector, focusing on stocks such as OptimizeRx, Privia Health Group, and HealthStream. According to TipRanks, Davides has an average return of -30.0% and a 22.92% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for HealthStream with a $33.00 average price target.
Based on HealthStream’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $70.58 million and a net profit of $4.59 million. In comparison, last year the company earned a revenue of $68.54 million and had a net profit of $2.45 million
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HSTM in relation to earlier this year.
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HealthStream (HSTM) Company Description:
HealthStream, Inc. engages in the provision of services to healthcare organizations and other members within the healthcare industry. It operates through the following segments: Workforce Solutions and Provider Solutions. The Workforce Solutions segment offers talent management, training, certification, competency assessment, and performance appraisal services. The Provider Solutions consists of credentialing, privileging, call center, and enrollment products and services. The company was founded by Robert A. Frist, Jr. and Jeffery L. McLaren in 1990 and is headquartered in Nashville, TN.
